Inactivity Rate: Aged 15-24: Females for the European Union
LRIN24FEEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.20
Year-over-Year Change
0.00%
Date Range
4/1/2000 - 10/1/2019
Summary
The Inactivity Rate: Aged 15-24: Females for the European Union measures the percentage of young women aged 15-24 who are not employed and not in education or training. This metric provides insights into labor force participation and human capital development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator tracks the share of young European women who are neither working nor pursuing educational or vocational training. It is a key measure of youth engagement and labor market attachment, which are important for economic growth and social stability.
Methodology
The data is collected through national labor force surveys and compiled by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers use this metric to assess employment challenges and guide workforce development initiatives targeting young women.
Key Facts
- The inactivity rate for young EU women averaged 25.6% in 2021.
- Youth inactivity is highest in Italy, Greece, and Romania.
- Improving female labor force participation is a key policy goal for the EU.
FAQs
Q: What does this economic trend measure?
A: The Inactivity Rate: Aged 15-24: Females for the European Union tracks the percentage of young women aged 15-24 who are not employed and not in education or training.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor force participation and human capital development among young European women, which are important factors for economic growth and social stability.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess employment challenges and guide workforce development initiatives targeting young women in the EU.
Q: Are there update delays or limitations?
A: The data is updated annually by Eurostat, with a typical release lag of 6-12 months.
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Citation
U.S. Federal Reserve, Inactivity Rate: Aged 15-24: Females for the European Union (LRIN24FEEUQ156N), retrieved from FRED.